1-First explain the items of the second cah flow statement the anually one

2-what is the differnces and smilarties between the itemes of the two cash flow statements?

Luo Ltd. Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2020 (in thousands) Cash flows from operating activities Net income 19,000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense Y 8,100 Loss on disposal of plant assets 1,300 Decrease in accounts receivable 6,900 Increase in inventory (4,000) Decrease in accounts payable (2,000) 10,300 Net cash provided by operating activities 29,300 Cash flows from investing activities Sale of investments 1,100 Purchase of equipment (19.000) Net cash used by investing activities (17,900) Cash flows from financing activities Issuance of ordinary shares 10,000 Payment on long-term note payable (5,000) Payment for dividends (9,000) Net cash used by financing activities (4,000) Net increase in cash 7,400 Cash at beginning of year 10,000 Cash at end of year 17,400 ee cash flow for Luo, (b) Explain why free cash flow often provides better information than "Net cash We've updated ou Give it PLAN Aa 5 24 W MacBook Pro ANNUALLY QUARTERLY CASH FLOW 2020-12-31 2019-12-31 2018-12-31 2017-12-31 Net Income 12,355,643 11,686,975 11,828,165 11,090,835 Depreciation 6,289,349 6,077,548 5,904,992 5,883,897 Accounts Receivable 4,215,494 -7,574,857 5,274,505 -6,772,947 Inventory 709,452 988,430 -337,038 6,334 605,602 4,714,301 3,246,720 -263,130 Prepaid Expenses Accounts Payable Other Changes in Oper. Activity Purchases of Fixed Assets Other Changes in Investing Act. 4,146,131 3,993,621 -6,904,722 6,760,776 -9,150,112 -9,426,711 -8,406,935 -6,576,858 -8,279,060 7,449,585 3,498,096 -1,212,883 Increase in Debts 381,023 5,030,469 -331,774 -3,298,573 Other Changes in Financing Act. -9,538,195 -13,098,114 -8,185,188 -6,681,609 Cash at Begining of Period 8,031,010 8,153,865 2,567,044 3,631,202 9,004,286 8,031,010 8,153,865 2,567,044 Cash at End of Period All figures are in Thousands Thousands Thousands Thousands Currency SAR SAR SAR SAR Last Update Date 2021-03-29 2020-03-18 2019-03-21 2018-03-22